The past week was one of the slowest for dividend increases for many months. In the meantime the number of dividend cuts keeps increasing. Just last week Cedar Fair LP (FUN), a dividend achiever which owns and operates 11 amusement and water parks in the United States and Canada, cut its quarterly distribution in half to $0.25/share. This ended the Sandusky Ohio based company’s streak of 20 years of consistent dividend increases.
Other dividend cuts were mainly in the financial sector, where Capital One Financial (COF) cut its dividends by 88% and Synovus (SNV) cut its already lowered dividend by 83%.
W.P. Carey & Co (WPC), which is an investment management company, increased its quarterly dividends to $0.496 from $0.494 paid in 4Q 2008. This represents a 2.90% increase over the dividend paid in 1Q 2008. W.P. Carey & Co has consistently increased its dividends at least once per year since 1999. This limited liability company currently yields 9.40%.
Equity Lifestyles Properties Inc. (ELS), which is a publicly owned real estate investment trust (REIT), increased its quarterly dividend payment by 25% to $0.25 from $0.20/share. The company cut its dividends in 2004, after which it has kept increasing them. The new payment is still about half ELS’s dividends in 2003 however. This REIT currently yields only 2.60%.
Full Disclosure: None
Relevant Articles:
- Why do I like Dividend Achievers
- Another day, another dividend cut
- Telling the truth or being positive?
- Many Dividend Stocks Keep Raising Their Payments
Popular Posts
-
Realty Income (O) stock reached an all-time-high of $82.29/share in February 2020, or about five years ago. Today, the stock is selling at $...
-
I review the list of dividend increases every week as part of my monitoring process. Dividend increases provide signaling value to me in my ...
-
As a shareholder, there are two ways to make profits from a stock. The first way is when you sell your stock for a gain, after it has incre...
-
I came upon an interesting story about another dividend investor, this time a famous actor. This is Sean William Scott, who starred in such ...
-
I review the list of dividend increases every week, as part of my monitoring process. This exercise helps me monitor existing positions. I a...
-
I am a big fan of diversification. That doesn't just mean owning a lot of companies however. It means spreading the risk. You need to un...
-
I tend to focus my attention on companies that regularly increase dividends to shareholders . A long history of annual dividend increases is...
-
In terms of a somewhat succint summary, it is good to think in terms of trade-offs in the full picture. The expected returns formula I use r...
-
I review the list of dividend increases every week as part of my monitoring process. Dividend increases provide signaling value to me in my ...
-
I was reviewing my old files and re-visited an interesting paper from Standard & Poor's from a few years ago about the importance of...
